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216 Oak Street Evansville, IN $ 110,000
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$ 110,000 Get more info
216 Oak Street
$ 110,000
Back to search
Share Save

216 Oak Street

Evansville, IN, 47713
$ 110,000
Bedrooms6 Baths5.0 Sq 2,924

Monthly Estimate*

$ 686

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Multi-Family Home for sale in Evansville, IN

for $110,000 with 6 bedrooms and 5 full baths. This 2,924 square foot home was built in 1869.

Opportunity knocks with this 5-unit multifamily property in downtown Evansville, near the Haynies Corner arts district, the Riverfront and less than a mile away from the IU School of Medicine. This Fiveplex includes: two 2 bed/1 bath units, two 1 bed/1bath units and a studio apartment. This property needs significant TLC to bring it back to life but has huge upside potential for the right investor. None of the units are currently rented, offering a clean slate for renovations. Owner currently pays all utilities. Off street parking is available for tenants at the rear of the property. Possession at closing and property is sold as is.

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Multi-Family Pending

Price

$ 110,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 2,147

Style

Fiveplex

Year Built

1869

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202513781
Features
General
Heating Gas Radiator
Cooling Window
Sewer City
# of Buildings 1
Status Pending Pending
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1869
Parking Gravel Street
New Construction No
Tenant Pays None
Subdivision Eastern
Style Two Story
Stories Count 2
Township Pigeon
Class INVESTMENT
Type Fiveplex
Age 156
Net Income -2147.12
Rent Income 0
Features Storm Doors
REO No
Status Detail 0
Area Vanderburgh County
Location City/Town/Suburb Near College Campus
High School Francis Joseph Reitz
City Evansville
School District Evansville-Vanderburgh School Co
Total Sq Ft 2924
Elementary School Tekoppel
Middle School Perry Heights
Legal Description EASTERN ENL LOT 17 & PT LOT 18 BL 2
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202513781
Agent First Name Mitch
Agent Last Name Isbell
DOM 189
Tax Year 2025
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Interior
Basement Slab Partial Basement
Flooring Vinyl
Beds 5
Total Number of Units 5
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 1
Basement Material Brick
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Exterior
Exterior Aluminum
Driveway None
Pool No
Number of Parking Spaces 0
Lot Size Area 5227
Lot Dimensions 37 x 144
Lot Description Level
Water Meters 1
Electric Meters 1
Outbuilding None
Water Features None
Gas Meters 1
Waterfront Y/N No
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* Excluded Features
List By
Mitch Isbell

Listing Agent

Re/Max Revolution

Broker

mitchisbell@gmail.com

Email

Affordability Calculator

$865
Per Month
79%
21%
0%
Monthly Principal & Interest
$686
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237104 Elementary School
1236521 Middle School
Francis Joseph Reitz High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/10/2025$110,000 -8.33% Price Down
9/19/2025$120,000 -17.24% Price Down
7/29/2025$145,000 -6.45% Price Down
6/24/2025$155,000 -16.67% Price Down
4/21/2025$186,000 Listed Price

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216 Oak Street, Evansville, IN, 47713 is a Multi-Family Home for sale at $110,000 with 2,924 sqft. 216 Oak Street has 6 bedrooms, 5.0 baths, and was built in 1869. The property's zip code is 47713 which is in Evansville, IN

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